Modern Monetary Theory and Chartalism

This Chartalism is really an unfortunate name for calling an economic school, since it’s often been misread as ‘Charlatism’, as if a bunch of charlatans didn’t bother coming up with a better name.

I understand why they would now call it “Modern Monetary Theory”, making it cool sounding and such.

But anyways, here is a thread which may help:

[url]Public deficits = net private savings]